Quote from: goldkingcoiner on October 14, 2024, 10:48:31 PM

Quote from: dbshck on September 01, 2024, 07:46:25 AM

Quote from: shinratensei_ on September 01, 2024, 03:58:48 AM

the ecosystem is at the level of etheruem in term of maturity, kamino as one of solana protocol in lending could be said already building reputation as good as AAVE it's just matters of time.

if any, solana would be the one thing that gonna replace ETH if ETH ever fall in term of rank, since ETH ETF inflow has been really bad since the past days (and yeah it's really bad literally 0 inflow yesterday) I think the chance for solana to be the one to take eth's crown will be big.

While I do see Solana's potential, it's still quite a distance from Ethereum's level. If we look at the TVL, Ethereum currently has about 8x more than Solana. The same kind of disparity exists between Kamino and AAVE. Solana needs to attract significantly more volume and users, especially institutional investors and whales, to close that gap.

As for the recent Ethereum ETF inflows, it actually suggest a broader challenge for all altcoins, including Solana. If Ethereum is struggling to attract interest, it's hard to see a future where a Solana ETF (if it ever get approved) would fare much better. Right now, institutional interest seems to be focused primarily on Bitcoin.

I do not think that Solana will attract any investors with an unstable blockchain that keeps crashing and has to be restarted every time. Cheap and scalable means nothing when the blockchain itself is unreliable.

Blockchain blackouts aside, what other use case does Solana have which Ethereum does not? Its majority use cases are for meme NFTs, which will fizzle out over time when the community gets bored of them.

Although Solana might have a future with blockchain gaming.

What do you think about their new validator client, Firedancer and Frankendancer? Do you think it will help the chain and the scale on which it aims, but sometimes lacks due to the outages? As I remember, the last one was pretty a while ago (in February, I believe).